December 2024 Australian Property Market: Regional Queensland Leads with Strong Growth

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Ray White Now December 2024

The December 2024 Ray White Now report highlights the Australian property market’s resilience as it transitions into the holiday season.

Regional Queensland remains strong, recording a 0.6% monthly gain in house prices and a notable 11.8% annual growth in unit prices, showcasing its affordability and appeal.

While seasonal factors like declining listings and reduced buyer urgency are evident, the broader market reflects sustained annual growth, with house prices up 7.7% nationally.

The report also discusses evolving economic conditions, including improved inflation rates, and their potential impact on interest rates in 2025.

👇 Download the full report to explore what’s happening in the property market this season!

Want to find out more about the current market?

If you’d like to discuss the current market in the Rockhampton, Gracemere or Capricorn Coast region, get in touch with Melinda today for a no-obligation chat!

Melinda Kirby Profile photo on the Rockhampton CBD Riverbank

Article by Melinda Kirby

Melinda Kirby is a confident and motivated Sales Consultant at Ray White Rockhampton who understands the importance of strong relationships in achieving exceptional results.

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